1. A fund had the following annual prices and dividends (beginning of the year): 2002 2003...

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Finance

1. A fund had the following annual prices and dividends(beginning of the year): 2002 2003 2004 2005* 2006 2007 $50 $55 $63$20 $24 $23 $1 $1 $.40 $.40 $.40 * Price reflects a three for onesplit.
a. Compute each year return.
b. Compute the four years holding period return.
c. Compute the annualized rate of return

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a Return for year 2003 annual price of the year dividendannual price of previous year 1 55150 1 5650 1 112 1 012 or 12 Return for year 2004 63155 1 6455 1 1164 See Answer

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1. A fund had the following annual prices and dividends(beginning of the year): 2002 2003 2004 2005* 2006 2007 $50 $55 $63$20 $24 $23 $1 $1 $.40 $.40 $.40 * Price reflects a three for onesplit.a. Compute each year return.b. Compute the four years holding period return.c. Compute the annualized rate of return